South Africa Reserve Bank Commences Retail CBDC Feasibility Study.

The South African Reserve Bank (SARB) says it has commenced a feasibility study for a general-purpose retail central bank digital currency (CBDC). The study, which the SARB expects to conclude in 2022, will focus on the issuance of a domestic CBDC that can be used by consumers in South Africa for general retail purposes.
South Africa Reserve Bank Commences Retail CBDC Feasibility Study